About This Home

This 3-bedroom, 2-bathroom single family at 3906 E Rancier Ave Drive in Killeen, TX is listed for $150,000 ($74 per sqft). Built in 1967, the home offers 2,023 sqft of living space on a 2.86 acres lot.

Key Features

  • Built in 1967
  • 2.86 acre lot

Property Details

1 story
2 full
2-car garage
1967

Amenities

A/C
Listing Description

Rare 7.4, Acre Redevelopment Opportunity, E. Rancier Avenue, Killeen, TX Three individually listed properties featuring mature oak trees and excellent potential for redevelopment or investment. The combined 7.4-acre tract is currently being platted into three separate lots, with completion anticipated in the coming weeks.

Property 1, 3900 E. Rancier Avenue, 2.268 Acres, House Lot 1 MLS 628407 Property 2, 3906 E. Rancier Avenue, 2.864 Acres, House Lot 2 MLS 628411 Property 3, Adjacent Vacant Land, 2.275 Acres, Lot 3 MLS 628414 Both existing residences have been heavily vandalized and should be considered potential fix-and-flip or teardown projects.

The condition of the structures and major systems is unknown. Buyers should conduct their own inspections and due diligence. The City has expressed a willingness to consider rezoning for residential or commercial uses, subject to approval. Potential opportunities include commercial development, multifamily housing, or a private estate subdivision, subject to applicable zoning, access, density, and development requirements.

Each property is offered separately, but buyers may purchase any combination of two or all three lots. Listings are cross-referenced to promote the opportunity to acquire the entire tract. All properties are offered strictly AS-IS, with no repairs or warranties.

Cash or hard-money financing only. Please allow a minimum of 90 days to close to accommodate the platting process and coordination with the City. Buyers must independently verify zoning, permitted uses, utilities, access, development feasibility, property condition, and all other information material to the purchase.

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

3906 E Rancier Ave Drive

Killeen, TX 76543

Bigham

Features & Amenities

Interior Features

BookcasesCeilingFansTubShowerBreakfastBar

Exterior Features

Patio

Property Details

Flooring

LinoleumCarpet

Construction

Masonry

Outdoor Features

Patio

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Appliances

SomeElectricAppliances

Questions & Answers

This 3-bedroom, 2-bathroom single family at 3906 E Rancier Ave Drive is listed at $150,000 ($74/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 2.86 acre lot. Interior Features: Bookcases, CeilingFans, TubShower. Exterior Features: Patio.

This property is listed by Michael E. Linnemann.

ML

Michael E. Linnemann

License 0428608

Agent at Linnemann Realty

Listed by Linnemann Realty · Broker phone: (254) 628-9272 · View on Broker Site

MLS# 628411· Source: Central Texas Multiple Listing Service· 5 days on PropertySimple

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3906 E Rancier Ave Drive, Killeen, TX 76543

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